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3461  Economy / Speculation / Re: Will Bitcoin Price Enter the $30k Area? on: January 12, 2022, 01:52:33 PM
Its entered the 30k prices and quite quickly retracted and moved upwards.   Going from 50k prices into the 30's so fast seems to have confirmed the move wasnt especially valid just fearful selling not especially with confirmation.
  I think right now we are quite positive as we are moving past 2 day, weekly averages back to challenge the monthly average which is the yellow line on this chart:


There was a series of descending lows but as always BTC is not so predictable and staying above 40.5k seems to have been positive enough to establish something of a low.   Target upside now is about 47k, see how it handles that to ascertain the recovery overall.
3462  Economy / Speculation / Re: Bitcoin to Hit $150,000 in 2022 on: January 12, 2022, 01:48:48 PM
Just hitting 50k is positive believe it or not, staying that high is incredibly positive.   There is no need to dream of very large numbers in such a short time as just some months, there is no rush to see all gains occur immediately.   Staying at 50k this whole year very much increases the chances of further gains in future and most importantly it will better stick to higher prices if we move with enough time to involve every participant who wishes to be part of BTC private and companies etc.
3463  Economy / Speculation / Re: Bitcoin Fear Index at 10 on: January 12, 2022, 05:55:50 AM
Fear could be worse but the wider market expects hard money from FED policy which means the fear could have a wide breadeth rather then especially focused on Bitcoin or crypto alone.   I doubt we get anything close to hard money but the idea and withdrawal of speculative money is real enough to bring us back to previous pricing.
  Its not nearly as bearish as it could be, price recently has been capped by the 2 day average but is breaking past that to challenge the 7 day average.   Its only a rough measure of momentum but even selling can become exhausted and so we naturally challenge higher prices and the cycle changes.
3464  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: January 12, 2022, 04:24:51 AM
Price doesn't determine value, if the underlying purpose is still there then the lower price should increase peoples interest in theory but we have excessive speculation in crypto both positive and negative it can be a feedback loop.   Any negative sentiment can mean any selling in the market feeds into a lower price despite the fact that a lower price for the same utility or purpose of the original token should increase demand.  I think demand is increased slightly because it does allow people to move up the tiers more easily and qualify for better premium bonus, that will still be there but as said the overriding factor in all crypto is this rolling volatility of speculation whether we go up or down, fear vs greed a bi-polar kind of reactive market and we all recognize Bitcoin and all crypto acts like this yet nobody is above it really.  
   I have the same problem with all markets to some extent, some lower prices are great same as half price when I go shopping for food, it does require slightly more thought but its not far off being a similar thing.   I consider crypto to resemble commodity markets mostly which can move 10% in a day without being abnormal especially.
   The ideal time to buy is the flush out low where because markets demand an immediate price and there is no buyer of last resort, a price can move sustainably downwards (also possible upwards etc.) and the price becomes wildly inaccurate like March 2020 this made the low especially sound and a quick reversal because if anything more distance in the world increases BTC base case.  Similar might apply to FUN but bottom line I never presume price is an absolute truth.

I noticed there is a flat spot for me in tiers to premium, if I upgrade it doesnt alter so much in this moment.   That kind of dynamic will likely effect price as well as locked FUN coming back into circulation etc.  just the way it is with price vs demand and supply
3465  Bitcoin / Bitcoin Wallet for Android / Re: Recover Bitcoin from old Android backup, possible? on: January 11, 2022, 10:08:50 AM
PadFone T004 it reads as, never updated.  I only had it as it was never reliable so was just a spare free phone.  Unfortunately I got complacent, its still showing the root directory contents but not sure thats enough to later recover anything I need.   Physically the battery is now round not flat, I found Fonepaw for Android but the amount of errors the phone gives in operation is not letting it connect so far.
  Looks like the one in this link: https://www.getdroidtips.com/twrp-recovery-asus-padfone/ 

  I dont often mess about with phones or I'd be slightly more familiar.  I did notice I had in the Asus settings set backup to a gmail address which I still have control of, I wouldnt expect that is going to help me with restoring an app with all its data later


3466  Economy / Speculation / Re: What about 2022? on: January 11, 2022, 09:59:43 AM
Until we get some regular series its hard to speculate but to me its fairly obvious after such a rise last year that we remain bullish but must also consolidate that price action. It could take an entire year to do so, it would be surprising if we dont make another attempt upwards and challenge levels like the 50 day average and come near to 60k at the least. 
  In short it wont only be one phase of price action for an entire year, we'll see variation and I dont foresee an actual strong Dollar appearing to force all market prices down.  There is the fear of rising interest rates and larger deflationary pressure but I do doubt this occurs in actual effect from central bank policy, more easing makes BTC progress unhindered long term imo.
3467  Bitcoin / Bitcoin Wallet for Android / Re: Lost smartphone with Coinomi wallet and private keys? on: January 10, 2022, 05:47:51 PM
That's a tough question.
The storage is encrypted, by default.

I have a really old phone from 2011 era that was never updated.   Can I access this easily to back it up now.   Its obviously old and failing and I want to be able to use the files as a virtual android phone or something similar if possible.   I did figure this is the one thing in my favor that security will be poor for such an old phone and I can just backup/view the old files quite easily.
  Anyone know the best route/software to take in order to do this, the battery on this thing is quite terminal so its only getting worse.  Can I just copy across the files/directories and thats enough to later recover the program data, I have no interest in plain documents etc.
3468  Bitcoin / Bitcoin Wallet for Android / Re: Recover Bitcoin from old Android backup, possible? on: January 10, 2022, 05:33:04 PM
I have that same phone, I know this is an old thread but its entirely relevant to what Im trying to do.  The phone is on its way out, I just want to duplicate it and no normal data like documents matters only this kind of program data so I can recover it and go through it later.  The physical phone itself is falling to bits, I guess mobiles do this regularly without any/much provocation.
  Does anyone know off hand which would be the best PC based software to clone a phone drive so it can be virtually hosted later.  I know PC allows this but phones are more picky and obviously its a different operating system.   Something I should already know, Im searching now just thought I'd ask here as no doubt people repeatedly lose unique crypto related data this way unfortunately.
3469  Economy / Speculation / Re: New year new speculation on: January 09, 2022, 11:59:25 PM
Price is just pulling back to the 2 day average, see if it can maintain above 42k to put in some positive that lasts into the main market trading volume.



It doesnt have to matter especially but we've stayed below this simple average since the recent peak and decline on the 27th which was 2 weeks ago.  So breaking that long pattern of decline should be noted as some positive into the New Year.
3470  Economy / Gambling discussion / Re: [CHESS] World Championship 2021: Carlsen Vs. Nepomniachtchi on: January 09, 2022, 08:03:34 PM
Quote
Chess is a strange one as regards calling it a sport. Every other sport involves a
degree of physical activity but Chess requires mental strength and agility.

Its a sport, if people can call computer games sports with leagues and all kinds of parallels its definitely as much a sport.  I get the point but the reason why it qualifies is the competitive element and the requirement to be 'fit' for the competition.   So there is a degree of training and good fitness in mind at least, if you are a mess tired or just not right in some way it will mean you are no longer competitive and able to play.  For these reasons I do think it is a sport.
3471  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: January 09, 2022, 12:53:58 PM
Slots is more complicated because then you are talking game design and giving some revenue away to that 3rd party operation or thats how I imagine it mostly goes.     I think the crash game is fairly hilarious and is just a maths equation isnt it, not sure but slots would be another level of complexity.   Sports betting is the most viable highly promoted yet freely sourced sector of betting I reckon.
3472  Economy / Economics / Re: Will crypto lead to the next financial crisis? on: January 09, 2022, 08:46:47 AM
The reason in 2008 that housing caused a crisis in banking was it was used for tier 1 capital, core to the basis of all the banks lending was the value of this highly rated AAA debt.  Crypto in no way compares to level of assured value, its speculative much like any commodity trading the pricing is volatile and subject to change at any given moment; as such losses are much in the vein of caveat emptor.
3473  Economy / Gambling discussion / Re: Don't bet more than you can afford to lose. on: January 08, 2022, 11:37:37 PM
Since we play in Bitcoin I dont know why people must only consider the dollar value.   Just gamble a small amount of BTC and it could rise 10x in future so its larger then you realize, we dont have to be forced to play in large amounts right now that will make us poor if losing.
3474  Economy / Speculation / Re: Bitcoin resistance and support price on: January 08, 2022, 11:15:43 PM
Not quite a higher low seen but price action is challenging the moving averages that might mark momentum to the downside.  The beginnings of a future positive is possible speculation.    If we break this area and establish it as a low then it begins to move upwards from then, if nothing else short positions must close and buy back into BTC.
  Look for 42k as a low on 4hr bars is fair marker to progress either way.


3475  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: January 08, 2022, 06:34:08 AM
NBK joining Mouz is great news, he may be older but his transformative abilities for intelligent play and IGL position even can be a great asset in the right team.   The biggest negative to label this move with would be that the team is varied in their countries and accents and that can mean communication needs to develop and be practiced more then a team all from the same part of the world.
  Not yet liking any of the games available to bet on so much, it'll be interesting to see the new lineups and how they progress so a slow start to the year really.
Code: (global all stars Mouz )
Australia Christopher "⁠dexter⁠" Nong
Lithuania Aurimas "⁠Bymas⁠" Pipiras
Slovakia David "⁠frozen⁠" Čerňanský
Hungary Ádám "⁠torzsi⁠" Torzsás
France Nathan "⁠NBK-⁠" Schmitt

Denmark Dennis "⁠sycrone⁠" Nielsen (coach)

Denmark Frederik "⁠acoR⁠" Gyldstrand (benched)
3476  Economy / Gambling discussion / Re: Sport's betting experience on: January 08, 2022, 06:27:30 AM
I dont quite get Amuls strategy I would need to see it done live to understand better the idea of matching a bet to the game progress.  Sounds viable vs the odds but a large part of this strategy is experience and recognizing when one team is very likely able to take the whole game while its still unclear to the majority betting.  Not simple so much as betting with confidence.
3477  Economy / Speculation / Re: are we going to have "fear" months? on: January 08, 2022, 02:23:46 AM
Omnicrom is a bad flu, any normal year I'd say terrible but in contrast to the more lethal prior variants Im almost willing to say its a slight positive.   Still markets will naturally pull back from the highs and Dollar index is higher now then its been for a while, there is fear overall.   However DXY is not beating the highs of July 2020 so I'm not that apprehensive bigger picture, we are talking about speculative moves.

Right now I'm looking for a bounce back upwards.   The rejection of highs is what indicates future lows, we havent yet tested that yet so dont be quite so negative in this exact moment is my take.   See if we can beat the 2 day average we are close to
3478  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: January 08, 2022, 01:32:41 AM
Quote
That's basically my story. I joined Freebitco.in without knowing almost anything about Bitcoin
I said similar before, this site or any others that ironically might appear to deal the smallest of customer revenues (some whales but tons are here for faucet use) is actually totally important to Bitcoin.    People are focused on whales or someone like Elon Musk and his comments, the real driving force will be the smallest but millions of people involved with BTC who go from zero upto some level of involvement and usage.   The reason being the fastest growth in an economy is always the smallest elements who can double revenue overnight potentially, it applies to mainstream dollar or here in crypto if those people cannot make use of your product dont expect success or growth especially.
  Somehow a faucet site with various bets is high utility compared to the obstacle of fees and wallet hassles on most sites; they can do that later with more confidence but anywhere like this site thats a gateway is vital imo to BTC continuing to be more successful every year or just exist at all imo.

We've had the falls in BTC price that was missing to the December end month price bet.  The basic rule I keep is price doesnt move in straight lines, not without quite alot of force to it so a move back up is quite reasonable  Price tends to go in loops, it was sideways to end Dec so its fallen off and done something different now.  We've gone full loop from Sept to new ATH and right back down, I reckon for Jan it becomes we once again repeat price action and return upwards.   Its always unlikely in theory but the odds are reasonable value for predicting BTC stays volatile day to day and we can rise as high as the 50 day average or even the ATH area.   I'll put some bet down now, maybe add when I've decided if we are 'acting' well or not
3479  Economy / Speculation / Re: Bitcoin first week price speculation on: January 07, 2022, 03:41:32 PM
September lows or July lows to be most relevant in arresting this drop is what I'm looking for.   There's always a good reason to sell and there are alot of traders who use borrowed money and sell every friday for sure, there are fears of sharper FED policy but its not here yet and they continue to dilute the monetary base.  Its speculation, I think they are easy money for some time yet because the FED has little else as a policy or tool apparently.
    It'll find a bottom around 40k I think and then could rise back to the 50 day average, thats quite a range but Bitcoin can and has done this previously.
3480  Economy / Gambling discussion / Re: Oscar Awards 2022 betting thread on: January 06, 2022, 01:24:09 PM
If you are a big fan of the original trilogy

Its hard to remake an original without requiring or having further story to structure the whole movie around.    The thing I took away from the original Matrix films was despite being an action movie it was also with a quite deep core message.  Not everyone will agree with me but I believe a few have said it relates to eastern Buddhism and inner reflection to greater consciousness, not just a small theme but quite massive.  I dont know who managed to put that theme into an action movie but it was well done and to say its hard to remake would be an epic understatement.  
  Its safe to say it will not qualify for an oscar unless anyone can discern some technical expertise award especially.  

https://thetattooedbuddha.com/2019/05/09/there-is-no-spoon-zen-the-matrix/
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